Apple is reportedly on track to unveil the latest version its iPad tablet next month.

The most likely updates for the iPad 3 will be a faster chip (going from the A5 to the A6 chip), improved graphics processor and better resolution. It could sport a 2048 x 1536 Retina Display, which would bring it inline with the iPhone 4 and 4S.

The iPad 3 should continue Apple’s dominance in the tablet market, bringing it out in front or on par with its competitors.

The likely unveiling will be in the first week of March at an event at the Yerba Buena Center for the Arts in San Francisco.